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Magna actively cooperate with the U.S. Department of Justice antitrust investigation
 

Canadian parts supplier Magna International, said the U.S. Justice Department is its antitrust investigation automotive die industry, Magna will fully cooperate.

     Magna said the U.S. Department of Justice be required to provide a variety of mold price information, and its international subsidiaries Casma ongoing mold supply project file. U.S., Europe and Japan in recent months, anti-monopoly agency is stepping up the U.S. auto industry supply chain survey.

     Last month, the U.S. Department of Justice investigation of Japan's Furukawa Electric manipulation of the case with monopoly prices, which set off the various parts of the company's anti-monopoly investigation, the U.S. Federal Bureau of Investigation for Yazaki North America, Denso U.S. companies carried out surprise investigation, the European Commission also TRW and Lear subsidiaries in Europe carried out surprise checks.

     Magna is the world's leading suppliers of parts, components in the global top 100 companies ranked No. 5 in 2010, up $ 23.6 billion in sales. Magna said: "Our principle is to follow a variety of antitrust and competition laws, we will actively cooperate with the U.S. Department of Justice investigation."

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